Germany Sept GFK consumer confidence 10.9 vs 10.8 exp

Germany Sept GFK consumer confidence report just out 29 Aug

  • 10.8 prev
  • 5th consecutive gain
  • highest reading since Oct 2001

The Gfk German Consumer Climate Index measures the level of consumer confidence in economic activity. The data is compiled from a survey of about 2,000 consumers which asks respondents to rate the relative level of past and future economic conditions.

Not tier 1 data in terms of price impact. Good general info though especially with German election approaching next month.

EURUSD 1.1980 just off session highs

German GFK mm

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